Pages

Sunday, 2 February 2014

A Simple Money Saving Solution

What if I told you that it was possible to save $1378 this year with very little effort or substantial budget cuts? Please…that is impossible you may claim, especially in this unstable economy! Wrong. It’s actually very simple: the idea is loosely based on the theory of saving one dollar a day for one whole year but with a slight alteration. You start with putting $1 into your piggy bank for the first week, then add $2 for the second week, then add $3 for the third week, and so on.  Just keep increasing and continue the amount by a dollar over the next 52 weeks. The most you will ever put into your bank is $52 and at the end of the annual challenge you will hopefully realize how easy it is to save with just a little discipline.  

I know we are into the second month of this year, but it’s never too late to start when it comes to saving money.  This is a great challenge for the whole family, especially when it comes to teaching children the value of money and how to spend responsibly.

I hope you will participate in this challenge.  Good Luck and feel free to post your progress in the comment section.
                                                                                  this is week 6 (save $6)
                                                                                  weeks 1-5 (save $15)

No comments:

Post a Comment